KARACHI: Nehal Hashmi, a longtime stalwart of the Pakistan Muslim League-Nawaz, took the oath of office on Friday as the new governor of Sindh, capping a rapid and unexpected appointment that has strained relations within Prime Minister Shehbaz Sharif’s ruling coalition.
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Pakistan pauses fuel price hike even as Iran war drives oil near $100
ISLAMABAD: Prime Minister Shehbaz Sharif opted against raising petroleum product prices on Friday, choosing to shield consumers from the latest surge in global oil costs triggered by the widening Middle East war.
US probes 60 economies, including Pakistan, over failure to enforce forced-labor import bans
ISLAMABAD: The United States Trade Representative opened investigations into whether 60 foreign governments, including Pakistan, have neglected to ban imports of goods produced with forced labor, a step that could lead to fresh tariffs as the Trump administration seeks to reshape US trade enforcement.
Pakistan’s domestic power boom shields economy from LNG supply shocks
ISLAMABAD: Pakistan has cut its vulnerability to global liquefied natural gas disruptions by steadily shifting electricity generation toward indigenous sources, including a surge in rooftop solar, nuclear reactors, local coal and hydropower, Power Minister Awais Leghari said.
Pakistan says it hit Taliban-linked targets deep inside Afghanistan in overnight strikes
ISLAMABAD: Pakistan’s armed forces carried out a fresh round of precision airstrikes inside Afghanistan overnight, destroying key Taliban-linked terrorist infrastructure, including a corps headquarters in Kabul and training camps near the border, the information minister and military sources said on Friday.
Blast kills seven officers on patrol in Pakistan’s northwest as terrorism linked to Afghan border escalates
PESHAWAR: An improvised explosive device ripped through a police patrol vehicle in a remote tribal area of Khyber Pakhtunkhwa province on Friday, killing seven officers including a station house officer and leaving authorities scrambling to hunt down the attackers in a region increasingly gripped by militant violence.
Pakistan lowers speed limits on motorways and highways to conserve fuel amid global oil crisis
ISLAMABAD: Pakistan reduced speed limits on its motorways and national highways on Thursday as part of a broader push to curb fuel consumption in response to surging global oil prices triggered by the US-Israel war on Iran.
Pakistan to launch 5G pilots next week after $510 million spectrum auction
ISLAMABAD: Pakistan will begin pilot projects for 5G mobile services in major cities next week, Information Technology and Telecommunication Minister Shaza Fatima Khawaja said Thursday, signaling the start of the country’s long-awaited transition to next-generation wireless networks.
Pakistan raises RLNG prices as much as 22 percent for March after terminal costs jump on just two cargoes
ISLAMABAD The Oil and Gas Regulatory Authority notified a 19-22% increase in regasified liquefied natural gas prices at the distribution stage for the two Sui companies in March, the biggest monthly jump since October, just days after the government raised petroleum product prices by Rs55.
Pakistan bans petroleum exports, weighs freezing fuel prices as global costs climb and supplies tighten
ISLAMABAD: The government has imposed an outright ban on exports of all petroleum products and is actively considering holding domestic fuel prices steady despite relentless gains in international markets, tapping emergency budget allocations of about 389 billion rupees to absorb as much of the coming shock as possible.